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BBIO

BridgeBio Pharma, Inc. and VPS Healthcare's Burjeel Holdings have announced a preliminary, non-binding Collaboration Agreement for project 'NADER'. The project aims to revolutionize early diagnosis and treatment of rare diseases in the UAE and the region. The partnership will conduct clinical trials and research in Abu Dhabi.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 8:35 pm

PLNHF

Cannabis lounges are emerging as unique establishments for legal marijuana consumption in a social setting, with states like California, Alaska, New York, and Colorado joining Illinois, Michigan, New Mexico, and Nevada in embracing this concept. These lounges contribute to job creation, generate tax revenue, stimulate local economies, and can lead to increased real estate activity. Planet 13 Holdings Inc. (OTCQX:PLNHF) recently announced the return of Cannabition in Las Vegas, with a first-of-its-kind consumption lounge.

Portfolio Pulse from Joana Scopel

July 12, 2023 | 8:24 pm

BALY

Bally's Corporation has signed a multi-year live dealer agreement with Stakelogic, following the passage of the Rhode Island iGaming bill. This extends Bally's role as the sole active casino operator in the state to now include iGaming. Bally's plans to offer popular online live casino games such as Blackjack, Roulette and Baccarat in Rhode Island starting from April 2024.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 8:18 pm

STRC

Sarcos Technology and Robotics Corporation (STRC) has formed a new Advanced Technologies Software Business Division to drive emerging SaaS/AI revenue opportunities. The move is aimed at leveraging the company's expertise in robotics and AI to create new revenue streams.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 8:09 pm

CWBHF

TSX:CWEB

Charlotte's Web Holdings, Inc. (TSX:CWEB) (OTCQX:CWBHF) has expanded its offerings with ReCreate, a lifestyle and botanical wellness brand, which has become the Official CBD of the Premier Lacrosse League (PLL). This follows the company's collaborations with Major League Baseball (MLB) and Angel City Football Club (ACFC), reinforcing its position in the sports industry. The partnership emphasizes the brand's focus on the well-being and recovery of professional lacrosse players and their fans.

Portfolio Pulse from Joana Scopel

July 12, 2023 | 8:04 pm

LPSN

QCOM

Benzinga is hosting a 'Future of AI' webinar featuring industry leaders including Cristiano Amon, CEO of Qualcomm Inc, and Rob Locascio, CEO of LivePerson Inc. The webinar will discuss the opportunities and future of AI in various industries, with a focus on generative AI, hybrid AI architecture, and AI's role in enhancing smartphone experiences, financial management, and customer service.

Portfolio Pulse from Michael Cohen

July 12, 2023 | 7:58 pm

BYND

Beyond Meat, Inc. (NASDAQ:BYND) shares surged following the announcement that its Beyond Steak product is expanding distribution to multiple chains. The product has received positive reviews and won the PEOPLE Food Awards 2023. Recent data shows that more than 50% of households that bought Beyond Steak were new to the plant-based meat category and 2 out of 3 households repurchased the product.

Portfolio Pulse from Ryan Gustafson

July 12, 2023 | 7:53 pm

META

Meta Platforms Inc (NASDAQ:META) has partnered with LegitScript to provide certification for specific topical, non-ingestible CBD products and corresponding marketing websites. This collaboration grants LegitScript the exclusive authority, approved by Meta, to vet advertisers operating in the CBD products and websites space. This partnership presents new opportunities for CBD manufacturers and distributors to expand their reach through the world's largest social media platform.

Portfolio Pulse from Joana Scopel

July 12, 2023 | 7:48 pm

INPX

Inpixon has been granted a European patent #3711392 for a 'Method and Device for Position Determination' which is intended for use in augmented reality in retail environments.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 7:34 pm

PLNHF

Nearly 2700 applicants are vying for 55 new cannabis shop licenses in Illinois, with only three out of 192 licensees commencing operations so far. Montana is planning to eradicate synthetic marijuana and intoxicating hemp products, citing health risks to children. In Maryland, restrictions are being imposed on where marijuana can be sold. Proposals for cannabis lounges in Washoe County, Nevada were rejected, affecting companies like Sol Cannabis, MM Development Company (Planet 13 Holdings Inc.), and Cheyenne Medical Sammy Davis (Thrive Cannabis Marketplace).

Portfolio Pulse from Jelena Martinovic

July 12, 2023 | 7:32 pm